Latest News

Back to Latest News back

 

Hamilton City Council purchases riverside properties for park expansion plan

Hamilton City Council purchases riverside properties for park expansion plan
October 4, 2018

Hamilton City Council has purchased four central city buildings as part of long-term plans to develop a central city river park and link it with the planned Waikato Regional Theatre.

The four buildings are south of the existing park - 242-266 Victoria Street - on the Waikato River side of the city’s main street. They comprise five individual property titles held by two vendors representing multiple tenants.

The purchase of the buildings follows through on a decision the Council made as part of its recent 10-Year Plan, through which funding was made available.

Mayor Andrew King says the vendors of the properties approached the Council with a willingness to sell the sites – an opportunity Mayor King says the Council could not let pass by.

Mayor King says short-term arrangements will see the Council retain the buildings as investment properties, meaning existing business tenants will stay and thus provide a revenue stream.

The purchase of the properties gives the Council the option for future use of the site - although there are no current or immediate plans or funding to either demolish the buildings or develop the sites on which they sit.

Mayor King advised “keeping the businesses there gives us an income from the properties while we develop plans to incorporate these sites into an expanded riverside public plaza,” he says.

Mayor King acknowledged the long-term aim is to connect the central city river park with the Waikato Regional Theatre, which is scheduled to open in July 2021.

He added “these long-term strategic purchases are intended to provide the Council with a maximum opportunity to develop and enhance this important part of the central city.”

“I’m delighted these purchases will help progress my dream of opening up central Hamilton to the Waikato River for the long-term benefit of our city and its residents.”

The Council paid $6.49 million for the properties - less than the $7 million which had been budgeted for the purchases.

Images: The newly purchased site is next to the Victoria on the River park (top) and Hamilton's riverside park (below).

Related Articles

24th April 2018 - New concept designs for Waikato Regional Theatre include 200 more seats

25th January 2018 - Momentum Waikato Community Foundation announces new Chief Executive

12th December 2017 - Hamilton City Council looks for new uses for the Founders Theatre

25th August 2017 - Feasibility report released into new Waikato Regional Theatre

27th February 2017 - Hamilton launches competitions to engage through parks week

20th November 2016 - Hamilton City Council welcomes NZRA recognition

4th March 2016 - Parks Week a chance to celebrate Hamilton’s green spaces

27th February 2016 - Hamilton City Council retains Waiwhakareke Natural Heritage Park as part of ecological project

1st May 2015 - Hamilton City Council reviews future management of Lake Domain


Asking a small favour
We hope that you value the news that we publish so while you're here can we ask for your support?

The news we publish at www.ausleisure.com.au is independent, credible (we hope) and free for you to access, with no pay walls and no annoying pop-up ads.

However, as an independent publisher, can we ask for you to support us by subscribing to the printed Australasian Leisure Management magazine - if you don't already do so.

Published bi-monthly since 1997, the printed Australasian Leisure Management differs from this website in that it publishes longer, in-depth and analytical features covering aquatics, attractions, entertainment, events, fitness, parks, recreation, sport, tourism and venues management.

Subscriptions cost just $90 a year.

Click here to subscribe.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

Spill Station Australia

Compliant chemical storage and decanting solutions. Includes spill kits, spill containment pallets, chemical decanting decks and safety shower and eyewash equipment. See our full range of solutions

read more

Aquatics / Safety / Security / Venues

 
 

TJS Services

TJS Services is a leading national facility services provider. We deliver quality cleaning, maintenance, construction and facility management services to over 1,500 sites Australia wide.  Our…

read more

Hospitality / Retail / Venues

 
 

SLE WORLDWIDE AUSTRALIA PTY LTD

SLE Worldwide Australia is a Managing General Underwriter specialising in insuring risks in the world of Sports, Leisure and Entertainment. Be it relaxing, playing, organising or watching sports,…

read more

Insurance / Venues

 
 

LIFE FLOOR (Aus & NZ)

Our team believes floors should be beautiful, comfortable, and engineered for safety, even when wet. Life Floor tiles meet six unique performance based standards: slip-resistance, impact absorption,…

read more

Aquatics / Play / Recreation / Safety / Surfaces

 
 

Aussie Strength

We are Aussie Strength. The ultimate supplier for Commercial Gym Equipment that's built to deliver in the toughest environments. From USA-Built hardcore weight training equipment from Arsenal…

read more

Fitness / Technology / Wellness

 
 

Yellowbox Lockers

Yellowbox is an Australian technology company that has developed smart locker technology operated through an app with a focus on experience for users and facility managers. Found at Beaches, Aquatic…

read more

Aquatics / Attractions / Entertainment / Retail / Security

 
 

AUSTRALIAN WATERSLIDES AND LEISURE

A leading designer and manufacturer of innovative waterslides and attractions, Australian Waterslides and Leisure (AWL) is also able to advise clients in the areas of concept and design, feasibility…

read more

Aquatics / Attractions / Play / Waterparks

 
 

Fun Wheels Pty Ltd

Fun Wheels Pty Ltd are the premium dealer in Australasia for the Dutch company BERG’s commercial and domestic products. Our flagship product is their revolutionary pedal go-kart – the…

read more

Attractions / Tourism / Venues

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business